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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
.jpg) Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look for Indonesia cargoes for delivery in September, traders said. Thermal coal prices on the globalCOAL Newcastle index, a benchmark for Asia, fell $1.57 from the week before to $74.45 a tonne on tepid demand from Asian buyers.
Indonesian bituminous coal of 6,100-6,300 kcal/kg air-dried basis (ADB) was offered at $58 a tonne, FOB mother vessel from South Kalimantan.
Indian buyers have made inquiries for cargoes in September, although demand for Indonesia high-quality coal generally eased, with bigger producers well covered on orders.
"Indian buyers were waiting for some supply orders from the government's tender. Also, there is weather problem too but things will be resolved around October," a regional trader said, referring to the monsoon season which normally runs until September.
Indian state trading entity MMTC, which buys for the majority of state power plants, has put a recent 12.5 million tonne tender on hold and may re-tender after a complaint from a trader.
A 15,000-tonne parcel of Australian coal was traded at $74 a tonne on Tuesday.
* INDONESIAN SUB-BITUMINOUS COAL
Indonesian sub-bituminous coal of 5,100-5,300 kcal/kg ADB was offered at around $36 a tonne, FOB mother vessel from Kalimantan.
Few Chinese buyers were in the market due to ample stocks after they had bought more coal in the first half of this year, an Indonesian dealer said.
But Indian buyers have started looking for cargoes of sub-bituminous coal for delivery in the fourth quarter of this year.
"We receive requests from many Indian traders asking for support letters because they want to participate in the government tenders," said an Indonesian dealer.
"They are looking for shipments in September to end of the year," he said.
Indian demand for Indonesian coal had been slow in the past weeks as buyers prefered cheaper South African cargoes.
In the domestic market, paper and cement firms were in the market for cargoes, although power plants were still struggling to reduce excess stockpiles by asking suppliers to reduce shipment volumes. (Reporting by Fitri Wulandari, Editing by Michael Urquhart)
Source: Reuters
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Monday, 31 October 22
U.S. COAL-FIRED GENERATION DECLINING AFTER BRIEF RISE LAST YEAR - EIA
We expect 6% less U.S. coal-fired generation in 2022 than in 2021, according to our latest Short-Term Energy Outlook (STEO). Although coal-fired ge ...
Monday, 31 October 22
CHINA COAL OUTPUT UP 12.3 PCT IN SEPTEMBER - XINHUA
China’s raw coal output posted stable expansion in September, official data showed.
The country produced 390 million tonnes of ...
Wednesday, 26 October 22
BIMCO PUBLISHES UPDATED GENCON CONTRACT
BIMCO has published a revised and updated version GENCON 2022 – one of its flagship contracts within its portfolio of standard contracts for ...
Monday, 24 October 22
KOSPO TO INVITE 400,000 MT OF COAL FOR 3 YEARS
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an international tender for 400,000 MT of 3,800 - 4,400kcal/kg NCV and Sulfur Max 0 ...
Wednesday, 19 October 22
ASIA COULD BE A BRIGHT SPOT AMID GLOBAL DOWNTURN NEXT YEAR, ECONOMISTS SAY - CNBC
Asia — especially Southeast Asia — remains a bright spot, even as the global economy looks set to head into recession next year, econom ...
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- The University of Queensland
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- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
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- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
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- White Energy Company Limited
- Ministry of Finance - Indonesia
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- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- Bhatia International Limited - India
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Sojitz Corporation - Japan
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- Economic Council, Georgia
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- Timah Investasi Mineral - Indoneisa
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- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
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- Australian Coal Association
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- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- New Zealand Coal & Carbon
- Energy Link Ltd, New Zealand
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Independent Power Producers Association of India
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- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
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- Simpson Spence & Young - Indonesia
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- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
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- Ambuja Cements Ltd - India
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- Parliament of New Zealand
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- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
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- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
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- Wood Mackenzie - Singapore
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- Bahari Cakrawala Sebuku - Indonesia
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- Heidelberg Cement - Germany
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